Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
At Fioney we stay on top of the latest economic trends, financial products, and money management strategies in order to provide the knowledge to help you use the money you have today to live the life you want.
Learn to make your money work for you. Whether it’s getting debt free or buying a home we have you covered.
Personal Finance
Groundfloor Surpasses $1 Billion in Retail Investment as it Turns 10
by Fioney Staff
A crowdfunded real estate firm is celebrating a decade of operation. Groundfloor has announced that, since its debut 10 years ago, the platform has now surpassed $1 billion in total retail investment volume. Additionally, the company says that its delivered annualized returns of 10% across its investment offerings during that time, Founded in 2013 by Brian Dally and Nick Bhargava, Groundfloor is a real estate investment platform that makes it easy for consumers... Personal Finance
Average Consumer Spends 42% on Income on Household Bills
by Fioney Staff
When Americans bring home their paychecks, how much of that money is immediately spoken for? That's exactly what a new report from Doxo shows. The data shows that the average household in the United States spends a total of $29,459 per year on household bills. This amounts to 42% of their income. According to the report, Americans spend a total of $3.87 billion per year on household bills. Of that,... Personal Finance
Money at 30: Two Years Later - Was Our Apartment Upgrade Worth It?
by Kyle Burbank
Nearly two years ago, my wife and I decided to move from our longtime apartment complex to one where the rent was $400 more per month. This time last year, I shared a status update in which I declared that this somewhat risky move had been worth it thanks to the numerous benefits this upgrade included. Cut to today and things have definitely changed in a few ways. In fact,... Personal Finance
Zelle Network Grew to 1,800 Institutions in 2022
by Fioney Staff
A popular peer-to-peer payment service saw even greater growth in 2022 according to their latest report. This week, Zelle announced that the number of new financial institutions joining the network increased by 40% last year. What's more, 97% of the new additions were institutions with less than $10 billion in assets. In total, the Zelle network now consists of more than 1,800 banks and credit unions. Elsewhere in its update, Zelle says... Personal Finance
Money at 30: Putting My Subscriptions on the Chopping Block
by Kyle Burbank
Like many Americans these days, I have several different subscriptions. These include streaming services, business tools, and other various memberships. Until now, I've thought I'd done a decent job of keeping track of these subscriptions by maintaining a master list of them and felt fairly comfortable with what I'd let hang around. Despite this, something set me off this week, leading me to take a closer look at how much... Personal Finance
Bakkt to Sunset Consumer-Facing Crypto App, Focus on B2B2C
by Fioney Staff
The FinTech startup Bakkt known for its crypto trading platform and other features has announced that it will be turning its focus to its business-to-business-to-consumer (B2B2C) operations. In turn, the company will be sunsetting its consumer-facing app on March 16th but will allow customers to access their cash and crypto via a web interface. On that date, Bakkt Visa debit cards will also be deactivated. Because of this, customers are... Personal Finance
2023 Pay with GasBuddy Review: Yes, You Can Legitimately Save Money Every Time You Fill
by Kyle Burbank
Put simply, the value proposition of Pay with GasBuddy is that you can use a special card that's accepted at most gas stations in order to save a few cents off of every gallon of gas you buy. That sounds good — almost too good, if you think like me.